Senco Gold Limited — Others, 13-02-2025: Monitoring Agency Report

Senco Gold Limited has shared the Monitoring Agency Report, confirming that proceeds from its Qualified Institutional Placement (QIP) have been utilized as intended, aligning with the objectives outlined in the offer document. The QIP, with a total issue size of ₹459 crores, was aimed at repaying certain borrowings and general corporate purposes. All funds have been deployed appropriately, and there are no deviations reported. This transparency may foster a positive outlook among investors, indicating effective capital management and operational stability within the company.